Kurt Cobain's 'Smells Like Teen Spirit' guitar just sold at auction for $4.5 million, with some proceeds going to raise mental health awareness.
The Cobain family will donate a portion of the proceeds, in honor of Mental Health Awareness Month, to Kicking the Stigma,"... the Irsays' initiative to raise awareness about mental health disorders and remove the stigma associated with these illnesses."
"Through grants, as well as personal donations by the Irsay family, more than $16 million has been committed to local and national organizations to expand treatment and research and raise awareness in Indiana and beyond," shared the auction house. "I am thrilled to preserve and protect another piece of American culture that changed the way we looked at world," said Jim Irsay, owner & CEO of the NFL's Indianapolis Colts.
"The fact that a portion of the proceeds will go toward our effort to kick the stigma surrounding mental health makes this acquisition even more special to me." Several other music treasures were on the block over the penultimate weekend of May 2022. Madonna's pink gown, seen in 1984's"Material Girl" video, sold for $287,500, while $437,500 was the final bid for Johnny Cash's 1956 Martin D-21 Acoustic Guitar.
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